Insurance Covers Available - Personal Banking

COMPLIMENTARY INSURANCE COVERS AVAILABLE ON SBI DEBIT CARDS

Personal Accidental Insurance (Death) Non Air: This insurance covers the Debit Cardholder for non-air accidental death only, to the extent as applicable on the type of Debit Card variant held. This Insurance Cover becomes operational when the Card is used at least once on any channel, viz ATM/PoS/eCom during the last 90 days (Financial) from the date of accident

Personal Air Accidental Insurance (Death):This insurance covers the Debit Cardholder for air accidental death only, to the extent as applicable on the type of Debit Card variant held. This Insurance Cover becomes operational when the Card is used at least once on any channel, viz ATM/PoS/eCom during the last 90 days (Financial transaction) from the date of accident, subject to a condition that the air ticket for that air travel should have been purchased by using the Debit Card

The details of the Personal Accident Insurance (Air & Non-Air) are as follows:

Purchase Protection: This policy covers loss of goods/articles purchased (excluding perishables, jewellery, precious stones) due to theft/burglary/house breaking, including theft from vehicle, within 90 days of purchase of such goods. The goods must have been purchased by using the eligible Debit Card variants at Point of Sale/Merchant establishments.

Purchase Protection Cover for Salary Package Accountholders: Purchase Protection Cover available to Cards issued to Salary Package Account Holders (all MasterCard/VISA variants)

The above cover will be available to only one Card per account, in case of multiple cards issued to a single account.

Add On Covers: In addition to the above Insurance Covers, below Add-on Covers are also available to the eligible Debit card variants, as a value added feature:

Personal Accident Insurance cover is also being offered by National Payments Corporation of India (NPCI) to SBI RuPay Debit Cardholders as below

The details of the current policy (FY 2022-23) offered by NPCI, including the eligibility criteria and the claim process, are provided below. The latest and detailed information about the above policies on RuPay Debit Cards including the eligibility and claim process, may be accessed from www.npci.org.in. Please refer the below attachment to know more about the claim process.

Exclusively Designed Insurance Cover for SBI RuPay Debit Cardholders(Annexure)

Circular - RuPay Insurance Program_PMJDY _FY 22-23

Circular - RuPay Insurance Program_PMJDY_FY 2023-24

Circular - RuPay Insurance Program FY 2022-23 - RuPay Premium Cards

Circular - RuPay Insurance Program FY 2023-24 - RuPay Premium Cards

Nodal Officer details:

For MasterCard and Visa cards :
AGM1 Debit Cards, Phone: 022 68621488; email: agm1debitcards.dtb@sbi.co.in

For RuPay cards :
AGM3 Debit Cards, Phone: 022 68621172; email: agm3debitcards.dtb@sbi.co.in